Company/Division name | Nucor Corporation |
Parent company | Nucor Corporation |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 180 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 350 |
City reshored to: | Lexington |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | rebar |
What domestic positive factors made reshoring more attractive? | Government Incentives, Impact on domestic economy, Skilled workforce availability/training, State, tax incentive, JDIG fund, Com. College jobs |
Government Incentive dollar amount: | Total from above: $35,614,000 |